Tungsten demand no good, and the prices stabilize vulnerable

Tungsten demand yet to see positive factors, tungsten prices edged up in June or dashed expectations, business confidence weakened further tungsten, tungsten ore reduce high offer, now 65 wolframite mainstream offer for 79,000, 81,000 or more to reduce the high offer, and the mainstream market turnover is 45-60 degrees tungsten ore concentrates, sold for 7.4-7.8 million. Powder smelter home slightly lower offer, short-term tungsten market is still weak consolidation steady maintenance of stability.

In order to avoid risks, tungsten scrap purchasing large traders to lower prices, resulting in a relatively low range last week, slightly lower; however downstream alloy manufacturers purchase less but little change in the purchase price, a factory this week to 136 yuan / kg, the price of the acquisition of one ton tungsten scrap import blade. It is expected to scrap tungsten steel prices stabilized temporarily vulnerable.


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